What is the Luna coin?

LUNA coins can exist in three different status: Bonded: Coins are staked or delegated to a stake pool. These are locked up to earn rewards and cannot be traded freely. Unbonded: Coins that are traded freely and not committed to a stake pool. Unbonding: Coins that have been withdrawn from staking or delegating.5 gün önce

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Is Luna better than Eth?

In terms of annual staking rewards, LUNA is estimated to yield 6.62% on average while ETH fetches 4.81%. The most rewarding out of the top 10 staked assets is Polkadot (DOT) with 13.92%. Staking Rewards highlighted the flippening on Tuesday, noting that LUNA staking had overtaken ETH .

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How does Luna crypto work?

LUNA is the native token used for governance, mining rewards, volatility absorption and transaction fees. The protocol runs on a Delegated Proof of Stake (DPoS) mechanism, where miners stake LUNA to mine Terra stablecoins . Terra stablecoins are pegged to the world’s major powerful fiat currencies.

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